Avionics Sales Fall 37.3% In Second Quarter Written 13 August 2020

Aviation International News reports that “worldwide business and general aviation avionics sales plunged 37.3 percent, to $490.7 million, in the second quarter as the market hit its expected pandemic-induced low point, according to the Aircraft Electronics Association’s latest Avionics Market Report. In the first six months of 2020, avionics sales amounted to $1.15 billion, down 23.6 percent from the same period a year ago, it added.” According “to the companies that separated their total sales figures by world region, 74.6 percent of the first-half sales occurred in the U.S. and Canada, while 25.4 percent took place in the rest of the world.”
Full Story (Aviation International News)